Jamshedpur : XLRI – Xavier School of Management, one of India’s premier B-Schools, inaugurated the ‘3rd International Workshop on Inclusive Finance’today.
The 3-day mega event has brought together academicians, stakeholders, practitioners of microfinance institutions (MFIs), NGOs and policy makers to discuss and deliberate on contemporary challenges in financial inclusion.
B Sriram, Managing Director, State Bank of India addressed the inaugural session. He focussed on the need to focus on promoting micro finance.
Dr. HK Pradhan, Professor of Finance and Economics & Convener of the Workshop said that the event is expected to serve as a forum for intensive discussions among all stakeholders involved in financial inclusion. Deepening of financial inclusion is the priority in government policy, and the workshop brings all stake holders such as banks, insurance companies, technology and telecom providers, for an intensive discussion.
The core theme of this year’s conference is – ‘Making Finance and Insurance Work for Poor’. At the event, the experts would discuss about the inclusive financial sector serving the asset poor households.
It will be holding series of thematic plenaries on contemporary issues such as Bank-BC model improving access2finance, PM Jan Dhan Yojona, SHG and MFI models, future of microfinance & livelihoods, small holder agricultural finance, micro insurance (health, life, accidental), product innovations in savings, credits & insurance & pension, financial literacy & consumer protection, social security & direct benefit transfer, and role of technology.
The event brings several academic researchers and case presenters from India and abroad to discuss their empirical & field based research on Access2Finance. The workshop also includes a doctoral colloquium where scholars present their research and methodology to an audience of experts.
Along with the Workshop, a national level felicitation, called XLRI-NABARD Award for Innovations4Impact, is being organized on November 1, 2014 inviting social innovators, microfinance institutions, and micro-entrepreneurs to present their work, that have made a difference to the life at the bottom of the pyramid by linking finance to livelihoods.
A competitive challenge on “Innovations in Financial Literacy and Consumer Protection” is being organized engaging students from business schools to design and demonstrate innovative ideas in financial literacy & protection of underserved communities.